Debate over the city’s Rent Stabilization Ordinance kicked into high gear May 7, when the council voted 8-6 to have the city attorney draft a moratorium that would prevent for up to six months apartment owners from levying the usual 3 percent annual rent increase at rent control units.
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The Los Angeles City Council on Friday is scheduled to consider an ordinance preventing the owners of thousands of apartments from imposing an optional 3% rent increase between now and Oct. 31.
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